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Search Results 0 to 31 of about 32 (some duplicates have been removed)
FOX Business
Jan 17, 2013 12:00am EST
the debt ceiling and we talk about its impact, this debate for the people who are watching, and, getting to this craziness we see the market reacting in a way you can't anticipate. what would happen to our 401(k) if congress he said they have to get together, i was thinking two words, "good luck." whether they can't do something? >> if they don't raise the debt ceiling and let's say we get debt downgrades, the market has a fit basically and drops as they did in 2011, all our investments will get hit. the stock market will go down as it did in a big way in the summer of 2011. on the other hand, if they extend the limits, the debt ceiling limit and do something more, maybe not a grand compromise, something more in terms of deficit reduction, my guess is the market will kind of shrug it off. they won't get upset. the issue is in the end what happens in the run-up read the political run-up to the waiter with the market reacting as we are going down the wire because they will not default. the u.s. will not default on its debt. adam: you have the billionaire coke brothers urging the g.o.p. all
FOX Business
Jan 16, 2013 9:00pm EST
in that last press conference when he talked about his upcoming debt ceiling despite? he seemed a little angrier you guys. >> yes, he did. he seemed annoyed at the fact that he had to deal with a coequal branch of government. a group of pesky individuals elected by the people. >> yes, that's right. we have the audacity to insist that we follow the law and that we continue to make the law and yes, we have our work cut out for us. >> i was noticing that since 1990, we have raised the debt ceiling 18 times. back in 1990 come the first time we raised it, the debt ceiling was $3.12 trillion. the debt ceiling is raised, the spending gets raised. and it never comes back down. >> that's right, it goes up and it never comes back down. in the past, sometimes we have insisted on cuts along the way. now we're finding ourselves in a position where we have $16.5 trillion of debt and cuts are not going to cut it anymore. it has to be more than cuts. it needs to be permanent structural spending reform. that's what we need. >> what john boehner headset is dollar for dollar. spending cuts with debt ceilin
CNBC
Jan 17, 2013 6:00am EST
now. everyone i talk to is saying i'll deal with the debt ceiling when i get there. actually, if there was a lot on worry there, we wouldn't be going, budding up against 5 1/2 year lows. clearly, people are not paying as much attention to it right now and now we have the gun thing going on out of washington, d.c. so even the people in washington themselves are putting it almost on the back burner for another few weeks. once a week or so, you get an easy statement out of somebody. but i think overall, the market is trading like the market should off the things that matter to the market. the debt ceiling will be a short lift. >> i word when the average person gets engaged again. i wonder how many individuals at home are saying, hon fee, we own some united healthcare. we've been buying it because of obama care and we know everybody is going to be added somehow to be covered. i just don't see that type of interest to -- it's professionals that are trading the market. it's not -- individuals are still not in. >> i agree with you to a point. >> you say something about apple. >> and
CNBC
Jan 17, 2013 5:00pm EST
that this fiscal cliff, which we are currently through would -- >> we have the debt ceiling. >> we'll talk about that later. look at lockheed martin today. there are those plays, as well. >> this is going to be a choppy couple of weeks. i don't think it's going to run away here, but it's very defensive. another name to look at, though, embraer, this is brazil's boeing, and these guys are getting very, very busy in the defense space in brazil, in late tip america. they are trying for contracts here, at 12 times next year's earnings, this is a very cheap stock. one of the best companies in the world. take a look at that. >> we are seeing a decline by about 4% in the afterhours session after its earnings report. jon fortt is on the conference call which just got under way. let's get the details from him. jon? >> yeah, melissa. they are talking right now about their process leadership, how they're able to make ships more efficiently than others. but taking a look at the numbers they reported, actually a little bit light on revenue. eps was better than expected. but they also got a tax benefit, the t
FOX News
Jan 17, 2013 2:00pm PST
republicans are meeting in southern virginia to talk about the road ahead on the debt ceiling and other issues, brit hume has analysis. everybody talked about it today where you work. outrageous hoax involving a superstar. college football player and dead girlfriend who never existed. tonight there is new info. "special report" from washington starts at 6:00 eastern. now back to "the five." ♪ ♪ >> dana: keep going. very good. i would love all of nashville to come after you today. earlier this week we discussed boy suspended from school, he was six years old because he made a gesture of a gun and said, "pow." he got suspended. this is not isolated case. this happened in maryland with two boys playing cops and robbers. they got suspended. the other parents at the school didn't think it was too great an idea. listen to them. >> suspending them is harsh. i don't think it will do any good for the parents, child or the school. >> people trying to make example of things they shouldn't. blowing things out of proportion. they have gotten strict and overboard on things. i definitely don't think it w
CNBC
Jan 16, 2013 7:00pm EST
to be talking about economic growth because we're going to be talking about a debt ceiling debate. we're going push ourselves all the way to the end much it, republicans are going to say that they are going to just say no to raising the debt ceiling and then what happens the day after? suddenly they start getting phone calls from whether it's jamie dimon or the coke brothers, or you larry kudlow and what's going to happen? they will set themselves up for failure again. one more example how we're not a conservative or not moderate. >> joe may be right but let me tell you in ten years we'll spend every dime of revenue on entitlements and debt service and the president need to show some leadership. >> as always we ran out of time. that's it for tonight's show. thank you gentlemen. i appreciate it very much. [ male announcer ] staples is the number-one office superstore ink retailer in america. now get $6 back in staples rewards for every ink cartridge you recycle when you spend $50 on hp ink. staples. that was easy. when you spend $50 on hp ink. we replaced people with a machine.r, what? customer
Current
Jan 16, 2013 5:00pm PST
talking about the debt ceiling. but teetering on cliffs and bumping up against ceiling is no way to run a country. to your president what could president obama do if he wants to have a legacy of which he can be proud. give a speech, a major public policy address to the eradication of poverty in our country. he's going to be inaugurated for a second term on the king's holiday. how dare any president on the king holiday stand with king's monument just a few blocks down the street and not talk about the issue that he gave his life for, the poor. you quoted him beautifully and he talked about that being the passion of his life. one, he has to give a major public policy address on what he'll do as our leader to eradicate poverty and then bring the experts together and craft this plan that you referenced earlier to cut policy in 10 years and eradicate it in 25. >> john: i'm depressed how many people forget that dr. king stood against anti-militarism before he died. do you think if the leaders lead people will follow, and it will be finding a way to get people vote and more importantly, voting
MSNBC
Jan 17, 2013 9:00am PST
talking to people about the debt ceiling and the sequester fights saying we're going down the road of doom, the country is going to default. you know, boehner broke the hastert rule once because of larger necessity, and i don't think that doing that makes it any less likely is he going to do that. i really do think these guys as long as they get to take the vote that they want don't really necessarily -- this doesn't stand for all of them, but as a group they don't necessarily care. >> jonathan makes the point that on the sandy relief bill they did the same thing, which was register opposition, pass it with democratic help. i feel like that is sort of under mining short-changes thinking republicans, which is to say can you do this for two years? basically register opposition and then let democrats sort of push the legislation through and not have anybody clued into -- that's what you're doing? >> they really care about this. they're not making it up or fake it. they really, really think that it would be better not to raise the debt ceiling, and so what you do is let the democrats on it. we
CNBC
Jan 17, 2013 4:00pm EST
the front page. all we talked about. >> that's true. >> now the debt ceiling and then it's sequester and the continuing resolution. we go from this cliff to that cliff, and we don't deal with the problem. if we deal with the problem, there's so many assets in america. we can grow our way out of this. >> let me ask you about getting out of a problem and for many it's regular laying. after the 2008 upset, the banking sector has faced much higher regulation. things are changing quite a bit. we're no longer riding a wave of deregulation, quite the opposite. talk to us about the regulatory environment and how you see it. >> clearly regulations increased. we have dodd/frank with, you know, thousands of pages. let's be honest about it. there were some bad actors prior to 2008. i'm all in favor of good solid regulation with regulators who have real teeth and can make things happen. what i don't want to have happen is excessive regulation that stands in the way of us serving our customers. i mean -- >> what's excess? what's one rule that you think is excess? >> i don't know what it's going to
FOX News
Jan 17, 2013 8:00am PST
're talking about raising the debt ceiling is paying bills we've already racked up, but he's incorrect, in my view, when he suggests the raising of the debt ceiling has nothing to do with limiting future spending. it most certainly does. jon: all right. let's play a sound bite that we played a moment ago in which he would have the nation believe he has been at the vanguard of trying to cut wasteful spending. listen to this. >> and for nearly two years now, i've been fighting for such a plan, one that would reduce our deficits by $4 trillion over the next decade which would stabilize our debt and deficit in a sustainable way for the next decade. jon: douglas, i'm told and the washington post actually published this, that the president is including in that $4 trillion number something like $850 billion that he does not intend to spend on the or wars in iraq and afghanistan. >> yeah. the $4 trillion number you just can't make add i. i mean -- add up. the key budget gimmicks are, number one, the wars in iraq and afghanistan, counting as savings money that would never be spent. if you look inside
CNN
Jan 17, 2013 4:00am PST
knows for the next two months all we're going to be talking about is the debt ceiling, sequestration, the continuing resolution, ending the fiscal cliff, all of these. >> you're not questioning his motives of what he's suggesting. he'd rather have a conversation about guns than the debt ceiling? >> i think the president is trying to get political support from his base, maybe he feels it strengthens him going into negotiations with the republicans or the fiscal issues. listen these guys won't even ban assault weapons, how can you trust them on taxes and spending. i see it as building up his political position which is not wrong but i don't think in his heart of hearts he thinks he's going to pass any significant legislation. >> congressman king in the studio after my asking all the time. >> i couldn't stay away from you, soledad. >> she's not really a tough interviewer is she? >> she's very nice and multiracial -- >> are we rolling on this? i love this. keep the nice part. i would appreciate that. >> she was the irish-american woman of the year, there you go. >> and i accepted. nice t
FOX News
Jan 17, 2013 3:00am PST
the debt ceiling. we're still talking about the tphe -- notre dame linebacker and lance armstrong. >>> a woman and her boyfriend triggered an avalanche on a mountain. lloyd getting trapped under the snow but her boyfriend able to find her and dig her out. lloyd said it was like having a little nap and treads her training and e-- and credits her training and equipment for her rescue. >> had a small pocket of air i created with my arm, and i decided the best situation for me is to meditate and breathe really slowly. >>brian: another skier helped bring her down the mountain. malloy was treated for profit bite and is expected -- was treated for frostbite and is expected to be okay. >>gretchen: a new treatment for the flu. researchers say it is faster and easier to control. it's approved for adults ages 18 to 49 an can help the protect against three strains of the flu. >>steve: a hunter crashes through the ice on the colorado river. but his side the entire time, his loyal dog. the pup waited and watched for half an hour while his owner clung on to the ice for his life in the 14-degree
MSNBC
Jan 16, 2013 4:00pm PST
obama also has big battles looming over the debt ceiling, budget, immigration. he's already taking heat over the makeup of his cabinet. not enough women. let's talk about that later in the show. >>> and none of the president's second term agenda will be easy with the republicans in congress. take texas congressman steve stockman. he replaced ron paul and is making noise about impeaching the president. it's his second go around in congress. in '94 he was considered far to the right. now he fits in with some of these people. it says a lot how far they have come. >>> finally let me finish with a need for republicans again to choose sides. the wild bunch or the posse? this is "hardball," the place for politics. [ man ] ring ring... progresso this reduced sodium soup says it may help lower cholesterol, how does it work? you just have to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. >>> coming up monday, president obama wi
CSPAN
Jan 17, 2013 6:00am EST
the debt ceiling as the issue, the president gets to talk about default, he gets to talk about social security, and from a republican standpoint, we should be talking about spending, spending restraint. so what's the logical place to do this? obviously, it's on the sequester. that's where the next pressure point should be, and we should have the debate over how much spending should be explained. the president said he'll do a two for one event, two dollars of spending for every dollar of revenue. $1.2 trillion of spending restraint, that makes sense. the two match up rather equally. .. >> the only way you can get agreements with both sides win by the way, if something like this. where there are a series of entitlement changes which do not impact immediately and leapfrog the president's term in office, so the price he will pay will not be significant any era of political capital, but which do very significant steps in getting our fiscal house in order. most of our entitlements concern that down the road driven event, the baby boom generation is fully retired and are entitlement system c
CNBC
Jan 17, 2013 3:00pm EST
to be on the eve of a new fight over the debt ceiling. you've got a slowdown in the global economy. do you still think we're going to see money moving into equities despite some of these challenges knowing that that's exactly what we saw at year end anyway? do you think that it continues? >> well, there's no question. unfortunately, there's continued uncertainty around washington and the actions of washington. i don't believe that we're going to see a continued slowdown in the global economy though. you know, the movement, what you're seeing in japan and the japanese stock market starting to reflect that, you're -- you know, you have the japanese government trying to really reboot that economy. you're seeing the chinese government and the new leadership trying to reboot their economy, so, if any, you're going to see probably an accelerated economy n.parts of the world i still think we'll have structural problems in europe and all the uncertainty about the united states so i don't believe it's going to be as bad as it sounds. the u.s. certainly may, but i actually think what's going on are -- and
CNBC
Jan 17, 2013 9:00am EST
out. nobody believes there's going to be resolution on the debt ceiling. number two, earnings season is not moving the die so far, as i mentioned economic news has been quiet. finally, of course, europe has been stabled. 9 good news, folks, individual stocks can move. did you see new highs yesterday on the bank stocks? they're mattering, individual stock picking moves are going to matter. finally december housing, but multifamily still predominates. more on that later on. guys, back to you. >> thank you, bob. >> ben-jarvus green-ellis, one of the big law firms. >>> here's a couple starts. each was bakley up at 4 1/2-year highs, june of '08. but we'll call it 4 1/2 years, so these aren't bad numbers. if you look at initial jobless claims, all that looked terrific, except for on the claims side, it was a completely different story. they didn't drop down nearly as aggressively. we're up four basis points, but maybe the key continues to be the technicals, a chart starting on december 1st, basically in december we started a wave pattern, 1, 2, 3, 4, we're starreding that fifth wave, proba
FOX Business
Jan 17, 2013 1:00pm EST
ceiling if sequestration happens. as a result republicans had a bargaining chip. lori: talk about the investments. emerging markets you like china and asia. in our tease we said germany too. >> yes. lori: i don't know if germany is really emerging markets. we'll start with emerging markets and move on. >> 2012 to 2013, 2012 we were heavily allocated in the u.s. now we're looking back overseas again. i'm not suggesting a dark cloud over europe is gone right now but i do think there are great opportunities in northern europe and germany remains as the one gem in europe in terms of that economic prowess. lori: tell me about the emerging markets. these economies in many ways are outperforming the u.s. many say put emerging markets into retirement if you want to earn a decent yield at this point you have to mix it up with the emerging markets. not alternative investment it used to be. >> correct. the old bric trade from 2007 and pull out r and o, invest in brazil and china those are two countries to be in. europe and u.s. benefit from the growth. as europe economy improves and chinese
FOX News
Jan 17, 2013 1:00pm PST
's an investment crisis. we don't talk enough, neil, about the third leg of debt reduction, which is not only spending, not only raising revenue, but growth in the economy. and you know? this debt ceiling issue is just crazy. i stand -- >> was it crazy seven years ago when your democratic colleague voted against raising it? was it crazy then? >> well, except it wasn't real and this is real. the last final -- >> real is in the eye of the beholder. >> no, no. >> i guess it's -- >> it was more -- you know that those past votes were more symbolic, but when we really had a crisis over the debt ceiling in 2011, there were real consequences. real lasting consequences, and we didn't even -- we did raise the debt ceiling in the end, but we saw the deficit grow, neil, when there was this threat to -- and so as i said, the coke brothers, the u.s. chamber of commerce, against the debt crisis. >> i always appreciate your coming on. you give as well as you take and i appreciate that. congresswoman jan. >> a warning about the healthcare law. unite health care says its costs are running up. all rise. the jud
FOX Business
Jan 16, 2013 8:00pm EST
a lesson. do the same for the debt ceiling. put young children saying president obamaments to continue to borrow trillion dollars a year. it's a two sided coins that they can learn from. >> the interesting thing, neil, about this is when you talk about the kids, we're talking about, you know, of course, the people of five and six years old or 10 or 15 years old, but don't forget, neil, there's generations not born yet. neil: absolutely. >> still the gleam in the eye; right? that's another point to make. i want to touch on something you were just asking charlie about. you know, one interesting thing about the policies of this president, when you think about it, and you think about the demographic groups the president won, young people, women, hispanics, blacks, young blacks, those, if you look at the official statistics, those are the very groups most victimized by the policies in terms of high unemployment and falling incomes. that's ironic as well. neil: i look, and, you know, i guess i could have critics if they didn't like the president using kids, but, first of all, the kids were t
CSPAN
Jan 17, 2013 5:00pm EST
and debt ceiling. it is clear there is legislative gridlock in this town. what happens in the months to come with this kind of gridlock -- we already see the battle lines being drawn about what is to happen when these entitlements did on the table with in march. what happens to the poor as you see it in the coming months? >> let me first say, thank you so much for allow me to be part of this conversation. i am happy that you have been carrying on this kind of conversation over the last few years. let me try and see if i can put something in context for you -- i think that is something we never really talk about. a lot of this fiscal cliff stuff is really smoke and mirrors -- when you sit back and realize the largest portion of the debt of this country is really three things -- one is two wars we never paid for, what is a medicare part that we never paid for, and the other part is the bush tax cuts. those of the largest portions of the debt of this nation. what they're trying to do now by cutting what you call entitlements and i call and benefits -- [applause] is to protect the cuts t
CNN
Jan 17, 2013 1:00pm PST
and file about a short-term extension of the nation's debt ceiling. it might be brief, authorization the nation's borrowing authority for a couple of months at the republican retreat in williamsburg, virginia right now. the house budget committee chairman, paul ryan says it might offer a better chance of getting the democratic-controlled senate and white house involved in talks without a deal by march. drastic spending cuts could kick in and the government could face a possible shutdown. there seems to be kate a little movement on that. we'll see how far it goes. >> when they all get back. >>> a key part of every u.s. president's swearing in is of course the bible that he has placed, that he places his hand on when placing the oath of office. cnn's lisa sylvester had a pretty rare look and was able to actually look and touch the bible. >> touched it yourself. >> i've got to say, this was a pretty cool assignment. >> it's very unique and a really neat part of the inauguration. >> this is something that i learned. the library of congress actually has 1,500 bibles in i
Current
Jan 17, 2013 3:00am PST
's capital, the debate over the debt ceiling sort of now taking a backseat right now to a lot of comments about -- and reaction to the president's -- with the vice president their proposals on sensible gun control measures announced yesterday at the white house. we'll talk about all of the above and take your calls at 1-866-55-press. you are invited to join us on twitter. we'll take a look at your twitter comments at bpshow or on facebook at facebook.com/billpressshow. helping us through the minefield of issues we're dealing with today. felicia is a political reporter for "the washington post." covering mainly the white house these days. felicia, nice to see you. >> nice to see you. >> bill: thanks for coming in. >> thanks for having me. >> bill: team press with peter ogborn, dan henning phil back wetter the phones, cyprian bowlding keeping us on camera. it's what he has to work with. that's why we brought felicia in. raise the bar a little bit. we know some people, algeria may be the biggest story. for other people, the guns may be the biggest story. for others the debt ceiling may be th
CSPAN
Jan 17, 2013 1:00pm EST
to the senior lobby. so that is not a legitimate process to take the debt ceiling as the hostage. the appropriate goal, whether the debate should occur. the president gets to talk about the faults. he gets to talk about social security. we should be talking about spending. spending restraints. where is the logical place to do this? the logical place is on the sequestered. that is where the next pressure point should be. we should have the debate over how much spending should be restrained and how it should be restrained. the sequester is a 1.2 trillion dollar event. that is a number that fits neatly into the debate structure. the president got 600 billion in revenue. 1.2 trillion in spending restraint makes sense. the to match up rather equally. people say we already did 900 billion in spending restraint, so that is not fair. i am speaking the partisan position here. but the point is, the debate over the sequestered is the debate over how you control spending. the sequester is discretionary spending event primarily, but the debate on how you put off the sequestered should be a de
CNBC
Jan 17, 2013 4:00am EST
and there's detail on that, too. >>> conservatives are telling the tea party to stop using the debt ceiling crisis to force major spending cuts. can washington stop bickering? and does the gop have a problem on its hands? for more information, head to our website. >> and we spent a lot of time talking about corporate news today. may be an indication that the analysts are seeing more about what's going on in the eurozone as evidenced by the spanish auction today. they're writing in and suggesting sentiment now towards spain and italy is better than it was this time last year when the rto was in full swing. and another auction this morning across three issues, 2015, 2018 and 2041, spain raising the maximum 4.5 billion target. and yields lower akro cross the board, as well. which suggests that the convergence trade is now continuing, as well. they've now raised around 9% of their funding for medium long-term debt targets for the career. italy raised around 10%. the spread continues now. ten-year yields coming back down towards that 5% level. we did get below it at the end of the last week, the
Current
Jan 17, 2013 3:00pm PST
noises about backing down from the debt ceiling fight. i know we're not here to talk about that, but it's interesting how the conventional wisdom has shifted on that. it's just another sign of the shifting sand. it all hinges on the american people turns. is he going to out to the country on his proposals? how much political capital is he going to put into it. if they feel pressure, he'll bring a vote. >> jennifer: i think he will too. to take you back not to the fiscal cliff but the debt ceiling issues that the republicans do seem to be going soft on. i do think one of the reasons why they went soft was because traditionally republican lobbying groups were coming out. i wonder if there are traditionally republican groups like law enforcement organizations, the police associations who might tend to be conservative, if they came out strong and spoke if the faith community came out strong and spoke, they may shake a little bit. let's talk about senator cruise thinks is going to happen as a result of the gun debate. >> i think the consequence i think he's going to pay a serious political p
Search Results 0 to 31 of about 32 (some duplicates have been removed)